Personal Financial Planning as a Small Business Owner
Chad Chubb, Certified Financial Planner™, is the Founder of WealthKeel LLC, a Philadelphia based financial planning firm serving high income Generation X and Generation Y clients around the country joins Enterprise Radio.
- What are three financial planning topics that are overlooked with small business owners?
- What is the biggest pitfall you see from most small business owners?
- How important is it to distinguish between personal and business goals?
- What are the differences in savings, for kids, house, retirement etc., when you become a small business owner versus working for a bigger company?
- What do you mean when you say build a good team?
Tip: I am a small business owner, my parents and grandparents were small business owners, so I get “it.” I am also guilty of putting the “personal” plan on the back burner while I work to grow the business. I think that says a lot since I literally build financial plans all day every day. But take it from me, don’t neglect your personal financial plan for both you and your family’s sake, make sure you set aside time to make it a priority. I have seen what happens to those who are building a business, forget about the personal side, and then the unthinkable happens.
Chad Chubb is a Philadelphia-based Certified Financial Planner™ and the founder and director of navigation at WealthKeel LLC. He leads a fast-growing financial planning team and works alongside high-income Gen X & Gen Y professionals who feel overwhelmed by the increasing complexity of financial decisions. Since Chad’s niche is often burdened with complex student loans, he recently passed his Certified Student Loan Professional exam. He crafts simple, actionable financial plans for his clients so they can free up time and energy to focus on their work and families.
Chad built his first investment portfolio at 14 years old when he asked his mom to open an investment account for him. At 19, Chad obtained his life, accident and health insurance licenses and started his professional career as an independent insurance agent while a student at Penn State. Chad went on to earn his degree in Finance from the Smeal College of Business at Penn State University, graduating with high distinctions.
Chad is an established thought leader with features in some of the nation’s top financial news outlets, including CNBC, Forbes, U.S. News, and Yahoo Finance. He also frequently publishes to his blog and was recently featured on Philadelphia’s local NBC 10.
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